Why is ITCONS E-Soluti. falling/rising?

As of 06-Aug, ITCONS E-Solutions Ltd is experiencing a price increase, with its current price at Rs 539.90, reflecting a rise of Rs 18.2 or 3.49%. The stock has shown strong performance today, outperforming its sector by 3.98% and achieving a consecutive gain over the last two days, with a total return of 7.56% during this period. It opened with a gain of 2.55% and reached an intraday high of Rs 539.90. Additionally, the stock's delivery volume has significantly increased, rising by 1257.14% against the 5-day average, indicating rising investor participation. However, the stock's performance over the longer term shows a decline of 15.24% year-to-date, despite a substantial increase of 182.37% over the past year.
In the broader market context, ITCONS E-Solutions Ltd has outperformed the Sensex in the short term, with a 1-week return of +2.45% compared to the Sensex's -1.15%. This indicates that while the stock has had a positive short-term performance, it has struggled in the longer term relative to the benchmark, particularly with a year-to-date decline versus the Sensex's gain of 3.08%. The stock's current upward movement may be attributed to increased trading activity and positive investor sentiment, despite its overall negative performance in the year-to-date comparison.